Maharashtra State BoardHSC Commerce 12th Board Exam
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Answer in one sentence. What are retained earnings? - Secretarial Practice

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One Line Answer

Answer in one sentence.

What are retained earnings?

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Solution

Retained earnings are the earnings of the company which are retained (reinvested) in the business.

Concept: Sources of Owned Capital - Retained Earnings
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APPEARS IN

Balbharati Secretarial Practice 12th Standard HSC Maharashtra State Board
Chapter 2 Sources of Corporate Finance
Exercises | Q 1. H) 4. | Page 37
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